The best 10-year CD rates right now

United States News News

The best 10-year CD rates right now
United States Latest News,United States Headlines
  • 📰 CBSNews
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 68%

While 10-year CDs aren't as common as many others, there are still a number of good options to consider right now.

Between high-yield savings accounts and certificates of deposit , savers have many solid account options to choose from right now. Part of that is due to the recent Federal Reserve rate hikes, which have led the rates on deposit accounts to be a lot higher than they were just a few years ago. And, that opens up a range of good choices for those who want to earn big returns on their savings.For example, it's easy to find a high-yield savings account with a rate of 5% or more currently.

Benefits of choosing a 10-year CDWhile 10-year CDs aren't as common as some of other CD options, there are still a few unique benefits to choosing a CD with such a long term. These include:Locking in a higher rateThe primary advantage of opting for a 10-year CD — especially during periods of above-average interest rates, like the one we're experiencing now — is the ability to lock in those higher rates for an extended period.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CBSNews /  🏆 87. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

5% CDs and savings accounts are great — until the tax bill. Here's how to prep.5% CDs and savings accounts are great — until the tax bill. Here's how to prep.Saving cash when interest rates are high can give you an ‘endorphin high,’ but remember that the IRS will take a cut, says one tax expert.
Read more »

Tips for Improving Your Financial Situation in 2024Tips for Improving Your Financial Situation in 2024With a new year approaching, there are compelling reasons to open both CDs and high-yield savings accounts now.
Read more »

Mortgage rates just plunged—see how much you'd pay for a house at current ratesMortgage rates just plunged—see how much you'd pay for a house at current ratesMortgage rates have had the biggest single-week drop since July 2022, making homes more affordable for potential buyers.
Read more »

Mortgage rates just plunged—see how much you'd pay for a house at current ratesMortgage rates just plunged—see how much you'd pay for a house at current ratesMortgage rates have had the biggest single-week drop since July 2022, making homes more affordable for potential buyers.
Read more »

Mortgage rates fall for second straight week after cost of monthly payments surge in OctoberMortgage rates fall for second straight week after cost of monthly payments surge in OctoberThe average rate on a 30-year fixed mortgage declined for the second week in a row but provided little relief to buyers whose payments jumped by a new high last month.
Read more »

High Crime Rates, Overseas Terror Driving Gun Sales SpikeWith rising crime rates plaguing major cities and the FBI warning that Hamas' terror attack on Israel could inspire a lone wolf to act on U.S. soil, gun experts say it is 'hardly surprising' to see an 'uptick' in firearm purchases.
Read more »



Render Time: 2025-03-17 15:12:53